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ALBANY – New York’s governor and state lawmakers are set to become the highest paid in the nation under a new plan that would boost their salaries for the first time in 20 years.
The state’s 213 lawmakers would see their base salary jump from the current $79,500 to $130,000 in 2021 — a 64 percent increase — under a plan approved Thursday by the state Compensation Committee, a panel of current and former comptrollers tasked with examining salaries for top state officials.
The article goes on to state the following:
The increase would be phased in over three years, first with a jump to $110,000 in January.
But the pay hikes, which will take effect Jan. 1 unless lawmakers step in and change them before then, would come with significant strings attached for state legislators, who would be forced to limit their income from outside, private sources to 15 percent of their base salary starting in 2020.
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